Back

Bitcoin vs Ripple: US Users Show More Interest in XRP Than in BTC, Google Says

News
Wed, 04/03/2019 - 09:25
Put your
crypto to
work
  • 1.30

    Interest per week

  • 67.5

    Interest per year

  • 3.60

    Interest rate

Join Now!
Sponsored by Celsius.Network
  • 🌈Google research data from last year claims that in the US, users looked for ways to buy XRP much more often than for ways to buy Bitcoin 🤔

Cover image via U.Today
Contents

According to the report of Google Trends for 2018, US users made more search queries for ways of acquiring XRP than Bitcoin. Seems like XRP was actually more popular than Bitcoin in 2018.

Bitcoin vs. Ripple — Is XRP taking over?

However, this data came only from the US area. As for counties beyond it, a lot more people still made search queries on how to by Bitcoin.

In other search queries also, the word ‘Bitcoin’ appeared much more often than ‘XRP’ or ‘Ripple’. Thus, the ‘flippening’ when XRP will replace Bitcoin on its throne of market capitalization leadership appears to be delayed.

Must Read
Market Analysts Expect Bitcoin to Hit $7,000 ‘Within Months’ - READ MORE

Has Bitcoin become outdated?

Numerous fans and advocates of XRP believe that the aforementioned ‘flippening’ will arrive soon. Social media platforms, such as Twitter and Reddit, are full of these people who keep declaring that the technology which backs Bitcoin, along with BTC itself, has already become dated.

They see BTC as a dinosaur which is about to go the way of the Dodo in comparison with its rivals. Other coins have a potential to get their utility increased and ensure many more transactions per second than Bitcoin can offer. Besides, XRP fans are positive that thanks to the numerous partnerships with banks, XRP will soon outdo Bitcoin by the market cap value.

Still, so far XRP is ahead of BTC only by one metric – the interest US citizens show via Google search queries.

Must Read
Bitcoin Cash Skyrockets 40 Percent, Litecoin, and EOS Register Double-Digit Gains as Crypto Market Remains in the Green - READ MORE

Is XRP more popular in US?

Yesterday, Preethi Kasireddy, who used to work for Coinbase, shared the Google search data regarding XRP and BTC on Twitter, forgetting that this data implies the queries made only by US users.

Thus, it seems that XRP has been more popular now among the crypto community only in the US area.

On the other hand, if we speak of searches made from various parts of the globe, BTC appears much more often than XRP in 2018.

XRP is falling even further behind BTC

Ripple has been making new partnerships with major global banks and getting XRP listed on major exchanges, where it has been made the base currency. Still, in 2019 XRP has been dropping its value against BTC.

About the author

Yuri is a journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future. ‘Hodls’ cryptocurrencies. Has written for several crypto media. Currently is a news writer at U.Today, can be contacted at yuri.molchan@u.today.

Recommended articles
Ethereum Options Open Interest Surges to $140 Mln While BTC OI Holds Over $1 Bln on Deribit

Ethereum Options Open Interest Surges to $140 Mln While BTC OI Holds Over $1 Bln on Deribit

Japanese Financial Giants Eye Conducting Digital Payments Via State-Backed Infrastructure, DeCurret Crypto Exchange Joins Them

Japanese Financial Giants Eye Conducting Digital Payments Via State-Backed Infrastructure, DeCurret Crypto Exchange Joins Them

SEC's 'Crypto Mom' Gets Nod from Trump. Will She Approve Bitcoin ETF?

SEC's 'Crypto Mom' Gets Nod from Trump. Will She Approve Bitcoin ETF?